Ask the Expert [Video] – Are trusts the right vehicle for your property?

Setting up a trust can both protect your property and keep it in the family.

But how do you know which trust is right for you?

Watch as Ken Raiss and I discuss the benefit of a family trust when it comes to protecting your investment property.

This week's questions: 

I read that successful investors control everything and own nothing in their own names.

I’m looking to set up the correct structure for owning a significant property portfolio in the future, and was considering setting up a trust.

We own a home and 1 investment property with a mortgage.

• Also read:Latest property price forecasts for 2024 revealed. What’s ahead in our housing markets in the next year or two?
• Also read:Here’s how to avoid these 12 common reasons property investors fail to build a Multi Million Dollar Property Portfolio
• Also read:Sydney property market forecast for 2024
• Also read:Boom to bust: What makes property prices rise and fall
• Also read:This week’s Australian Property Market Update – Latest Data, State by State November 28th, 2023

Are trusts the right vehicle, and if so, what sort of trust?

I heard some protect asset better and keep it in the family, is that right Ken?

Darren

ALSO WATCH:

ASK THE EXPERT [VIDEO] – PROPERTY & CAPITAL GAINS TAX

About Michael Yardney Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media.